Export Financing

According to the 2012 East Michigan and Eastern Upper Peninsula SME Exporting Survey Analysis, 74% of SME participants identified at least one financial barrier including insufficient working capital and labor resources, administration costs, financial risk, and the cost to compete. The Small Business Export Finance Solutions in the Global Economy Workshop, co-sponsored with the Saginaw Valley State University (SVSU) Center for Business and Economic Development was held, November 14, 2012, to address these finance-related challenges and further SME exporting.

The resulting briefing paper (available soon) includes a description of the role of the export finance workshop planning committee and the Small Business Export Finance Solutions in the Global Economy Workshop, recommendations, and next steps.